March industrial output surges 9.3% on-year, highest since mid-2013

The export-oriented industries underpinned the growth of the manufacturing sector by 12.4% while domestic-oriented industries increased by 13.4%.

KUALA LUMPUR: Malaysia’s industrial production index (IPI) surged 9.3% in March from a year ago, exceeding a Bloomberg survey of an 8.7%, as the growth was powered by the manufacturing and electricity segments. This was the strongest growth since July 2013.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Thursday the growth of IPI in March 2021 was driven by the manufacturing index which expanded by 12.7 and electricity index which increased by 10.3%. However, he said the mining index dropped by 1.9%.